Part 2 Philadelphia Healthcare operates a medical group with three offices located in the Philadelphia area. The company's CEO, I. M. Over, is paid an annual salary of $1,000,000 and may earn an additional bonus based on the firm's performance in three key areas: profitability, average patient waiting time, and patient satisfaction score. The details of the CEO's bonus plan for 2017 are described below: Weight Minimum Net Income 40% Bonus (% of net income earned) 0.5% 1.0% Target Maximum $8,000,000 $10,000,000 $11,000,000 1.5% Average patient waiting time 10 minutes 15 minutes 20 minutes 30% Bonus $25,000 $20,000 $10,000 Average patient satisfaction score 65 75 90 30% Bonus (% of annual salary) 5% 15% 25% a) For 2017, Mr. Over expects Philadelphia Healthcare to earn a net income of $9,500,000, to achieve an average patient waiting time of 12 minutes and, an average patient satisfaction score of 80. What is the amount of the bonus that Mr. Over expects to be paid to for the year? Bonus that Mr. Over expects to be paid to for the year $